Bank failure · IN

Worthington State Bank (Worthington, IN) — failed November 14, 1991

Worthington State Bank of Worthington, Indiana was closed on November 14, 1991 and resolved through a insured deposit transfer. First Farmers State Bank (IN) took over its insured deposits. At failure it held $36.6M in assets and $34.2M in deposits. The FDIC's estimated loss on the failure is $1.4M (3.9% of assets).